Director Shareholdings

07 October 2014

RapidCloud International plc (AIM: RCI), the computing services, web-hosting and web-solutions provider based in Southeast Asia, announces that Chee Han Wen (known as Raymond), the Group’s Managing Director, purchased 16,500 ordinary shares in the Company on 3 October 2014 (the "New Shares”). Chee Han Wen purchased the New Shares at a price of 49 pence per New Share.

Following his purchase of the New Shares, Chee Han Wen holds 1,302,449 ordinary shares in his own name representing 7.05 per cent.. In addition, Chee Han Wen and is also interested in a further 1,250,117 ordinary shares held by his wife, Chong Lip Kian. Finally, Chee han Wen is also beneficially interested in 6,747,824 shares held by RapidCloud Holdings Ltd, a BVI company, by virtue of the fact that it is held as to 61 per cent. by Chee Han Wen, 22 per cent. by Chew Man Fai and 17 per cent. by Kenneth Cheng Ju Wan. The shares held by RapidCloud Holdings Ltd and Chee Han Wen are registered in the legal name of BPS2 Singapore/UOB KayHian Private Limited.

For further information, please visit or contact:

RapidCloud International Plc
Raymond Chee, Managing Director
David Cotterell, Chairman
Allenby Capital, Nominated Adviser and Joint Broker
Alex Price
Jeremy Porter
Chris Crawford
Tel: +44 (0)20 3328 5656
Walbrook, Financial PR and IR
Bob Huxford
Guy McDougall
Tel: 44 (0)20 7933 8792

About RapidCloud

RapidCloud, one of the few integrated subscription-based computing solutions providers in Malaysia that offers its services through all three currently available segments of cloud computing. The Company is based in Southeast Asia and is one of the few solutions providers in the region to deliver its offerings through all three available Cloud Computing segments, i.e. Software-as-a-Service, Infrastructure-as-a-Service and Platform-as-a-Service.

Formed in 1999 the Company has a well-established cloud offering with a customer base of 37,000. These are predominantly SMEs but also include blue-chip clients such as Deloitte, BAE Systems and Canon, for which RapidCloud’s extensive R&D department creates bespoke software solutions.

RapidCloud currently has operations in Malaysia, Thailand and the Philippines and has plans to expand into Indonesia. According to industry research commissioned by RapidCloud from Frost & Sullivan in 2013, the Cloud Computing industry in Asia Pacific is expected to grow at a CAGR of 49.6% between 2013 and 2015, giving a market size of US45.6 billion by 2015.

RapidCloud International plc was admitted to AIM on 14 August 2013.